The Canadian dollar improved for a second straight week, as USD/CAD dropped 170 points. The pair closed at 1.3974, its lowest level in 4 weeks. This week’s highlight is Employment Change. Here is an outlook on the major market-movers and an updated technical analysis for USD/CAD. The Federal Reserve was cautious in its policy statement, lowering the chances of a hike in March, and US durables looked awful last week. […]
